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That's 6$. Oof to you when that's 31% of your wage in California. I guess that's why employees are living in their cars on the parking lot.
by juujian 2y ago
That's 6$. Oof to you when that's 31% of your wage in California. I guess that's why employees are living in their cars on the parking lot.
- vundercind 2y agoAnd it’s not even immediate, closer to $4 now, another $2 in 2026. Wonder how much $24/hr in 2024 is versus their inflation-adjusted wage in, say, 2018. I bet they’d seen such a large reduction in real wages that this isn’t much more than getting them back to where they used to be—if it’s even that.
- zanecodes 2y agoAccording to https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=24&year1=202406&year2=201806 https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=24&year1=20240..., $24 in June 2024 is equivalent to $19.25 in June 2018, so your estimate is right on the money, as it were.
- ryandrake 2y agoI felt the same "oof." It's always great to see workers claw back even a small amount of value from ownership, but all that fighting just to get $6 over three years (and 50 cents more for people with 10 years of service)? Oof is right. It makes me reflect on and acknowledge my privilege of working in tech.
- lispisok 2y agoWhich is why the lowest earners having the highest percent increase in wages in recent years does not mean much.